To link to the entire object, paste this link in email, IM or documentTo embed the entire object, paste this HTML in websiteTo link to this page, paste this link in email, IM or documentTo embed this page, paste this HTML in website

396
that he improved the property by constructing a building. Kennedy sold other tracts at a
loss, such as part of lots 2 and 3 in Block 250 that he bought for $ 150 in April 1891 and
which he sold to Capt. John Barry for $ 100 in September 1902.4
A few owners essentially transferred their property as gifts. For instance, barber
Louis H. Peterson obtained parts of lots 2 and 3 in Block 187 in July 1898 for $ 500. On
December 2, 1904, Peterson presented the tract to Justin M. Bunting, a white Wilmington
bookkeeper and manager, for $ 1 and other valuable considerations, a relatively common
practice. Another example of a land bequest occurred between Delia and Maria Wade.
On July 28, 1892, Delia Wade, a cook, purchased a parcel of land in Block 80 for $ 100.
In March 1899, she gave the land to Maria Wade, presumably a relative, for $ 1.5
Of the thirty- five deeds examined in detail, ten were sold for loss and fifteen for
gain. Analysis indicated a high number of mortgages. Of thirty- five people, seventeen
had mortgaged thirty tracts. Sometimes the property was mortgaged more than once. Dr.
Thomas R. Mask had the most mortgages ( five) with one loan for $ 300; another for $ 900,
and three for $ 1,000. Both financial institutions and individuals provided loans. The
mortgage deeds indicated none of the borrowers defaulted on their loans. 6
4 Book 16, p. 196 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Directory of
Wilmington, N. C., 1897 ( Richmond, Va.: J. L. Hill Printing Co, 1897), 180 and 254; Book 25, p. 554
( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 8, p. 85 ( microfilm), New
Hanover County Deeds, State Archives, Raleigh; Book 38, p. 618, New Hanover County Deeds, State
Archives, Raleigh; Book 7, p. 147 ( microfilm), New Hanover County Deeds, State Archives, Raleigh;
Book 34, p. 609 ( microfilm), New Hanover County Deeds, State Archives, Raleigh.
5 Directory of Wilmington, N. C., 1900 ( Richmond, Va.: J. L. Hill Printing Co, 1899), 57, 163, and 195;
Book 23, p. 239 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 43, p. 187
( microfilm), New Hanover County Deeds, State Archives, Raleigh; Directory of Wilmington, N. C., 1897 ( J.
L. Hill Printing Co., 1897), 245; Book 10, p. 301 ( microfilm), New Hanover County Deeds, State Archives,
Raleigh; Book 24, p. 636 ( microfilm), New Hanover County Deeds, State Archives, Raleigh.
6 Book 28, p. 72 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 42, p. 303
( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 44, p. 531 ( microfilm), New
Hanover County Deeds, State Archives, Raleigh; Book 37, p. 366 ( microfilm), New Hanover County
Deeds, State Archives, Raleigh; Book 33, p. 354 ( microfilm), New Hanover County Deeds, State Archives,

396
that he improved the property by constructing a building. Kennedy sold other tracts at a
loss, such as part of lots 2 and 3 in Block 250 that he bought for $ 150 in April 1891 and
which he sold to Capt. John Barry for $ 100 in September 1902.4
A few owners essentially transferred their property as gifts. For instance, barber
Louis H. Peterson obtained parts of lots 2 and 3 in Block 187 in July 1898 for $ 500. On
December 2, 1904, Peterson presented the tract to Justin M. Bunting, a white Wilmington
bookkeeper and manager, for $ 1 and other valuable considerations, a relatively common
practice. Another example of a land bequest occurred between Delia and Maria Wade.
On July 28, 1892, Delia Wade, a cook, purchased a parcel of land in Block 80 for $ 100.
In March 1899, she gave the land to Maria Wade, presumably a relative, for $ 1.5
Of the thirty- five deeds examined in detail, ten were sold for loss and fifteen for
gain. Analysis indicated a high number of mortgages. Of thirty- five people, seventeen
had mortgaged thirty tracts. Sometimes the property was mortgaged more than once. Dr.
Thomas R. Mask had the most mortgages ( five) with one loan for $ 300; another for $ 900,
and three for $ 1,000. Both financial institutions and individuals provided loans. The
mortgage deeds indicated none of the borrowers defaulted on their loans. 6
4 Book 16, p. 196 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Directory of
Wilmington, N. C., 1897 ( Richmond, Va.: J. L. Hill Printing Co, 1897), 180 and 254; Book 25, p. 554
( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 8, p. 85 ( microfilm), New
Hanover County Deeds, State Archives, Raleigh; Book 38, p. 618, New Hanover County Deeds, State
Archives, Raleigh; Book 7, p. 147 ( microfilm), New Hanover County Deeds, State Archives, Raleigh;
Book 34, p. 609 ( microfilm), New Hanover County Deeds, State Archives, Raleigh.
5 Directory of Wilmington, N. C., 1900 ( Richmond, Va.: J. L. Hill Printing Co, 1899), 57, 163, and 195;
Book 23, p. 239 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 43, p. 187
( microfilm), New Hanover County Deeds, State Archives, Raleigh; Directory of Wilmington, N. C., 1897 ( J.
L. Hill Printing Co., 1897), 245; Book 10, p. 301 ( microfilm), New Hanover County Deeds, State Archives,
Raleigh; Book 24, p. 636 ( microfilm), New Hanover County Deeds, State Archives, Raleigh.
6 Book 28, p. 72 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 42, p. 303
( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 44, p. 531 ( microfilm), New
Hanover County Deeds, State Archives, Raleigh; Book 37, p. 366 ( microfilm), New Hanover County
Deeds, State Archives, Raleigh; Book 33, p. 354 ( microfilm), New Hanover County Deeds, State Archives,